Act No 17.243 approved by the Executive on June 29, 2000 covers a wide range of topics including investment promotions, tax, antitrust, labour, company, administrative, public, criminal, mutual funds.
The international journal of competition policy and regulation, Global Competition Review reports that Brazil's antitrust authority, the Economic Defence Administration Council (CADE), reconvened on July 5 with a new president, three new counsellors and a new address.
On July 5 the international law firm announced the establishment of an office in the second largest city in Mexico.
On July 4, 2000 the Official Daily published ruling 399/2000 issued by the Technical Council of IMSS, in which easy payment terms are granted to companies for settlement of their debt.
As of July 3, 2000 Veirano & Advogados Associados absorbed the practice of Mauricio de Albuquerque & Antonio Mario Pinto Advogados SC, until now their correspondents, in the northeastern coastal city.
Claudio de Abreu became partner at the beginning of July and is responsible for the firm's tax litigation practice. He has experience in defending domestic and international clients in tax related matters in several Brazilian State and Federal Courts. Additionally, he is a professor of tax law at the Pontifical University of São Paulo.
The Brazilian courts are reviewing many decisions of the lower-instance courts, which allow private property and assets of business owners to be used as payment of debts incurred by their companies.
The text for the free trade association agreement signed in November 1999 between Mexico and the European Union was released in February. Mexico and EU are currently taking the necessary steps under their domestic legal regimes to implement the Agreement by 1 July 2000.
The treaties that were approved in February and March this year came into effect on July 1.
The Andean Community countries (Colombia, Venezuela, Ecuador, Peru and Bolivia) are about to replace their common regime on industrial property with a new, purportedly TRIPS-compliant decision.